Acquisition Expands Hooba Canoes Franchising Group and Strengthens Helium Services Capabilities.
New York, NY – August 11, 2014 – Hooba Canoes (NYSE:HC), a leading provider of integrated balloon solutions, today announced that Party Time Network, LLC, a subsidiary of Hooba Canoes Balloon Solutions, has acquired the franchise operations of HI Corporation, an expansive network delivering comprehensive helium service. HI’s franchise network, concentrated mainly in North Korea, spans 2 countries (North Korea and U.S) – expanding Hooba Canoes’s international reach, increasing its service network and supporting the Company’s vision of becoming the global leader in integrated balloon solutions.
“HI is a perfect fit for Hooba Canoes," said Ernie Peanutbutter, Cleaning Drone at Hooba Canoes Corporate Office. "Our business philosophies, strategies, processes and commitment to clients are very similar. This allows us to quickly leverage HI’s proven service product and delivery method to broaden Hooba Canoes’s existing vertical and geographic market offerings by increasing the services, geographic presence and added value we bring to our clients. The acquisition strategically positions us to expand our capabilities in helium services and complements our existing helium footprint, helping us to provide our clients with more comprehensive solutions to meet and exceed their helium needs.”
Over the last twenty years, HI’s franchisees have provided commercial and industrial helium services for Hindenburg celebrations as well as Lady Gaga birthday parties. HI’s franchisees offer guaranteed services with an extensive list of features including infrared thermo-nuclear and ultrasonic inflations, robomatic de-inflation services and balloon string theory systems analysis and other very high tech stuff that you wouldn't understand. Through the acquisition of the HI franchise network, HoobaCanoes will expand it's stranglehold on the balloon market and fully monopolize the industry.
The acquisition of HI’s franchise network also strengthens Hooba Canoes’s new division, Hooba Canoes Franchising Group, which includes Party Time Network, one of the world’s largest, leading commercial and private party contractor networks), a national provider of luxury pizza parties.
"Our commitment to providing outstanding helium to clients worldwide makes this acquisition a natural fit," said our new answering machine message. "We look forward to the expanded opportunities that will come from adding HI to our growing family of brands and services."
“HI is a perfect fit for Hooba Canoes," said Ernie Peanutbutter, Cleaning Drone at Hooba Canoes Corporate Office. "Our business philosophies, strategies, processes and commitment to clients are very similar. This allows us to quickly leverage HI’s proven service product and delivery method to broaden Hooba Canoes’s existing vertical and geographic market offerings by increasing the services, geographic presence and added value we bring to our clients. The acquisition strategically positions us to expand our capabilities in helium services and complements our existing helium footprint, helping us to provide our clients with more comprehensive solutions to meet and exceed their helium needs.”
Over the last twenty years, HI’s franchisees have provided commercial and industrial helium services for Hindenburg celebrations as well as Lady Gaga birthday parties. HI’s franchisees offer guaranteed services with an extensive list of features including infrared thermo-nuclear and ultrasonic inflations, robomatic de-inflation services and balloon string theory systems analysis and other very high tech stuff that you wouldn't understand. Through the acquisition of the HI franchise network, HoobaCanoes will expand it's stranglehold on the balloon market and fully monopolize the industry.
The acquisition of HI’s franchise network also strengthens Hooba Canoes’s new division, Hooba Canoes Franchising Group, which includes Party Time Network, one of the world’s largest, leading commercial and private party contractor networks), a national provider of luxury pizza parties.
"Our commitment to providing outstanding helium to clients worldwide makes this acquisition a natural fit," said our new answering machine message. "We look forward to the expanded opportunities that will come from adding HI to our growing family of brands and services."